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Brookfield Renewable Acquires Distributed Generation Platform (M&A)
Brookfield Renewable ,Exelon Generation Company.
Date: 2020-12-16
Toronto, Ontario-headquartered Brookfield Renewable Partners reports it has agreed to an $810 million acquisition of a scale distributed generation platform comprising 360 MW across nearly 600 sites in the U.S., a development pipeline of over 700 MW and a development and PPA origination team from Exelon Generation Company LLC.

Brookfield Renewable Partners operates one of the world's largest publicly-traded renewable power platforms. Its portfolio consists of approximately 19,400 MW of capacity and 5,318 generating facilities in North America, South America, Europe and Asia. Hydroelectric power comprises approximately 64 pct of its portfolio. The also invests in, owns and operates wind, solar, distributed generation, and energy storage facilities. (Source: Brookfield Renewables, Website PR, 11 Dec., 2020) Contact: Brookfield Renewable Partners, (888) 327-2722, enquiries@brookfieldrenewable.com, www.bep.brookfield.com; Exelon Generation Company LLC, www.exeloncorp.com/companies/exelon-generation

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